Mortgage Apps Slow as Supply Tightens

April 7, 2021 Eric Peck

The demand for mortgage apps continues to slide, falling 5.1% from one week earlier according to the latest Weekly Mortgage Applications Survey from the Mortgage Bankers Association (MBA). The seasonally adjusted Purchase Index decreased 5% from one week earlier. The unadjusted Purchase Index decreased 4% compared with the previous week, yet was 51% higher than ...

The post Mortgage Apps Slow as Supply Tightens appeared first on theMReport.com.

Previous Article
Millennials Refinancing at a Record Clip
Millennials Refinancing at a Record Clip

According to a new survey, millennials are driving the share of refis to new territory, reaching heights no...

Next Article
Mortgage Rates Continue to Concern Prospective Buyers
Mortgage Rates Continue to Concern Prospective Buyers

With the economy on the upswing and vaccinations becoming more readily available, the housing market is tre...